Are you cash trap with emergency bills to offset or you need to get that dream assets ? If yes, Fidelity bank offer payday loan that serve as a bridging finance to meet immediate need.
They also offer Easy Asset Leasing Scheme (FEALS) for acquisition of household appliances, brand new vehicles, generators, inverters, laptops and much more for salary earner both in private and public sector.
Before you can qualify for fidelity bank fast loan your salary account must domiciled with the bank.
Last week i got a phone call from my friend smith, seeking for fast loan from me. Then i ask him if he’s salary ACCOUNT that is domiciled with fidelity bank or other Nigeria banks.
I have decide to share with my blog readers on how to get fidelity bank salary advance and Consumer Loans within 20 minutes Up to 50% of your net salary income with Fidelity Bank Plc
WHAT IS PAYDAY LOAN?
Payday loans are a type of cash advance designed to help you make it to your next paycheck. Although they’re usually for small amounts, they are one of the most affordable loans available.
This is an instant loan product for salary earners. With payday loan, you can borrow money at low interest rate against your next salary.
Must be a salary earner
Salary must be domiciled with Fidelity Bank Plc
Must have received at minimum, 3 consecutive month salary with Fidelity Bank Plc
Must have a clean credit report
TERMS OF PAYDAY LOAN
According to fidelity bank, salary earner who need salary advance loan should considered the following terms and condition.
Loan Amount – Up to 50% of your net salary income with Fidelity Bank Plc
Minimum Loan Amount – ₦10,000.00
Maximum Loan Amount – ₦1,000,000.00
Due Date – Last day of the month
Interest and Fees – The interest rate for the facility is 2.95% (Subject to periodic reviews in line with prevailing market conditions)
Default Rate – 1% flat monthly charge.
Service Charge – ₦100
Other terms are:
To pay the loan balance on or before it expiration
To allow Fidelity Bank access and use your transactional data to determine your loan amount
To allow the Fidelity Bank conduct and use the information obtained from the credit bureau
To be listed on the credit bureau in the event of default
To domicile all salary inflow with Fidelity Bank until all exposure is paid
How to Apply for Fidelity bank payday loan
To apply, Simply dials *770*999# to access digital PayDay Loan
PayDay Loan can be accessed via the bank mobile app, internet banking
Select the desired loan amount not below N10,000 but not exceeding the maximum loan
Enters instant banking PIN to accept the associated Terms and Conditions
Loan is disbursed
User dials *770*999# to repay the loan on or before its expiration or loan matures into a funded salary account at it maturity.
2. Fidelity Easy Asset Leasing Scheme
This kind of salary in advance loan is designed for the acquisition of Asset like household appliances,brand new vehicles, generators, inverters, laptops etc.
The loan have attractive rate with flexible repayment plan, borrower should contribute Minimum 20% as equity of contribution and it is disbursed within 48 hours approval time.
Fidelity bank has partners showroom to view a wider selection of household appliances,
where you can Obtain a proforma invoice.Below are the lists url
How to apply for Fidelity Easy Asset Leasing
Contact your Relationship manager or visit any Fidelity Bank Branch near you for processing
Fidelity bank Fast Loans
For emergency school fees or a car purchase among others. fidelity bank got you covered! Talk to them today about FastLoans. Dial *770*08# to access our digital Fastloans.
How to apply for fidelity bank fast loan
Simply Dial *770*08#